Sustainable Procurement

Achieve your ESG goals with Online Procurement

In recent years, many European companies have made substantial progress in embracing sustainability and ESG compliance. Adopting these principles in procurement management is not just a matter of image; it is a strategic move that allows companies to meet the expectations of consumers, investors, and institutions in a tangible way, enhancing their competitiveness in the global market.

With Online Procurement, your company will have the right tools and information to measure the environmental, social, and governance impact of its suppliers. This will empower companies to execute improvement strategies and monitor progress toward achieving ESG goals without increasing the workload for the Procurement Department.

Incorporate ESG criteria into supplier selection, measure the environmental impact of procurement, and gain a tangible competitive advantage

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Sustainability and procurement, the combination that drives responsible business growt

Sustainable Procurement: A Smarter Way to Buy and Grow

Increased business opportunities

Adopting sustainable procurement practices opens the door to many benefits: credit facilities, preferential insurance premiums, increased opportunities to win public or private tenders and contracts, and to become part of certified supply chains.

Innovation and stronger supplier relationships

Working with sustainable suppliers enables companies to develop lasting partnerships that foster innovation through the adoption of advanced practices and technologies that improve competitiveness and business resilience.

Regulatory complianc

European Union environmental regulations increasingly require companies to accurately monitor and report on their suppliers’ ESG performance, including management of carbon emissions, use of renewable resources, and adoption of ethical practices throughout the supply chain.

Contribution to Business Strategy

ESG challenges present a unique opportunity to change the perception of procurement within the company and demonstrate the value it can bring to all stakeholders.

Reducing supply chain risk

Introducing sustainability criteria into the supply chain is an effective way to mitigate disruptions by adopting responsible and resilient management practices, such as using renewable resources, reducing waste, and selecting ethical suppliers.

ESG Supplier Rating to Support Sustainability Reporting

Learn how Online Procurement can help your company comply with CSRD obligations

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With the entry into force of the EU Corporate Sustainability Reporting Directive, European companies will be required to prepare Sustainability Reports based on common reporting standards.

With Online Procurement you will be able to:

Document procurement policies and track information related to supplier selection and evaluation
Measure compliance with ESG criteria and average score based on third-party information or customized questionnaires
Have general supply chain and purchasing statistics available, such as the total value of orders issued by annuity

Online Procurement, your partner for green and efficient buying

Integrate ESG criteria into the supplier lifecycle

Make compliance with ESG factors a barrier to entry or a rewarding factor during qualification, use the information to make better decisions during sourcing events, and monitor supplier performance throughout the contract lifecycle.

Quantify and analyze supplier ESG performance

Access sustainability data from specialized InfoProviders such as Synesgy or EcoVadis that are integrated into the platform, or create custom questionnaires to gather ad hoc information on the sustainability performance of your supplier base.

Ensure that supplier certifications are always up to date

Include environmental certifications such as ISO 14001, gender equality (UNI-PdR 125-2022), etc. in the qualification process and invite only suppliers with the required valid certifications to bid. Integrated notifications remind both suppliers and internal users in the purchasing department of deadlines.

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